How responsible AI can give a competitive advantage to your business

AI

Stela Solar is the director of the National Artificial Intelligence Centre. Source: Supplied

Not only is responsible AI the right thing to do, but it is also fast becoming a competitive advantage for businesses. 

Digital technologies, including AI, are potentially worth $315 billion to the Australian economy by 2028 and AI could be worth $22.17 trillion to the global economy by 2030, according to the Artificial Intelligence Roadmap by CSIRO.

The National AI Centre is funded by the Australian Government and is coordinated by Australia’s National Science Agency, CSIRO to activate a responsible and inclusive AI future for Australia. 

The benefits of AI are real. In our recently published Australia’s AI Ecosystem Momentum report, 200 Australian businesses were surveyed, and on average, for every AI project that was implemented, $361,000 of additional revenue was realised.

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